Prime Minister Abdulhamid Dabaiba held a high-level meeting on Tuesday at the Central Bank of Libya, attended by Governor Nagy Issa and senior officials from both the government and the bank, to address pressing economic and financial issues.
According to the government’s media office, the talks focused on regulating currency exchange licenses to curb disorder in the foreign exchange market. The participants emphasized the need for coordinated efforts to assess market demand and manage foreign currency flows to safeguard financial stability.
The meeting also prioritized shifting funding toward productive and industrial projects, moving away from consumer-based financing, in a bid to strengthen the national economy and expand employment opportunities.
Dabaiba praised the launch of the new salary system “Ratbak Lahzi”, describing it as a tool for enhancing transparency and combating corruption. The Central Bank reported that salaries for over two million employees have already been processed through the system, with data verification completed for approximately 1.1 million.
In the context of digital transformation, the bank revealed that electronic transactions exceeded 140 billion Libyan dinars over the past seven months, an indicator of growing public trust in digital payment systems and a declining reliance on cash.
